Ambac Financial Group Inc. announced several management changes following the sale of Ambac Assurance Corporation, effective September 29, 2025. Cristina Ahn has been appointed Chief Accounting Officer. R. Sharon Smith has been named Executive Vice President and Group Chief Operating Officer and will oversee company operations, assuming additional duties after the departure of Mr. McGinnis. David Barranco and Robert B. Eisman have departed the company and will take positions at Ambac Assurance Corporation.
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